Exclusive Profit Rates
Dollar Exchange up to USD$ 1000*
Financial planning assistance to achieve goal
*conditions apply
Do you have Niyyah to go for Hajj. Use the only shariah compliant savings product in the market to save and grow your money even faster fulfil your aspiration.
إن شاء الله
With exclusive profit rates save and grow you funds quickly to reach your goal
Limited USD Exchange*
Exclusive Profit Rates
Dollar Exchange up to USD$ 1000*
Financial planning assistance to achieve goal
*conditions apply
Any Maldivian above the age of 18 years.
Joint accounts also available
initial Deposit: MVR 5000
One account per customer at a given time (individual or joint)
An individual can only open 3 subsequent accounts in their lifetime
Valid ID card for Maldivians
Completely Filled Account Opening & information update Application Form
We publish the profit rates for each month at the beginning of the subsequent month. It is updated regularly on our website.
Simply submit an application through ApplyNow portal to open an investment account. The profit rates earned for each month are published in at the beginning of the subsequent month. You may refer to the List of Bank Charges to learn more about Profit Sharing Ratio offered to various accounts.
Parents or Guardians with the mandate to operate the account can request to add the associated account to their profile in FaisaNet. Please submit your request through ApplyNow Portal.
The authorised person will need to visit the branch in order to withdraw from a kids account. You will not be able to do any transactions online for kids account
You can simply download a statement for the desired period using FaisaNet.
You can follow the process below to fetch your statement.
Accounts > Select account number > Choose the preferred date (From- To)
No. We encourage you to use our online banking service FaisaNet and FaisaMobile to monitor your account and take statements.
We provide cheque books to the holders of current accounts only. Please note that there is a fee charged as per the List of Bank Charges for issuance of cheque books.
The same account can be transferred to the child once the child is 18 years old. Please visit the nearest branch to complete the formalities.
Valid ID card of the Child
Valid ID card of the Parent/ Guardian who will operate the account
Birth Certificate will be required for Children who are above 10 years.
For children under guardianship official documents that show the guardianship is require
A valid ID card.
If you are unable to sign we require a recent passport picture.
MVR 1000 for MVR accounts
USD 100 for USD accounts
Funds that are sent before 12pm of a working day will usually be credited to your account in the afternoon of the same day.
Funds that are sent after 12pm will be credited to your account on the morning of the subsequent working day.